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<br /> Do not write/type above this/ine. For filing purposes onty.
<br /> FORM 501 7 (12-98)
<br /> ETURN TG Farm Credit Services, P.O. Box 5080 Echo Alcorn `—`
<br /> PREPARER: Grand Island, NE 68802-5080 (800)503-3276 C`X '
<br /> HOMESTEAD DESIGNATION WAIVER
<br /> �� '�
<br /> In accordance with the provisions of the Nebraska Farm Homestead Protection Act, Neb. Rev. Stat.Sections 76-1901, et. seq., as a preface to the
<br /> execution, and as a part of the following Trust Deed, the undersigned Trustorls) being first duly sworn, elects to Waive the Right to Designate a
<br /> Homestead.
<br /> I/We understand that I/we have the right to make a designation of homestead in the following Trust Deed. The execution of this Waiver constitutes
<br /> a waiver of rights otherwise available to me/us for the purpose of affording me/us the opportunity to retain my/our homestead in the event of a
<br /> default upon the Trust Deed.
<br /> /A,
<br /> ''Y%crJL[:e. F6�-Q/1�J'.__e/c�.
<br /> MARIE HA
<br /> Farm Credit Services of America
<br /> TRUST DEED AND ASSIGNMENT OF RENTS
<br /> Trustor(s1:
<br /> ARNOLD J HARDERS and GLORENE E HARDERS, husband and wife
<br /> MARIE HARDERS,single
<br /> Mailing Address:
<br /> 12750 WEST 13TH ST
<br /> WOOD RIVER NE 68883-9774
<br /> This Trust Deed and Assignment of Rents is made Au ust 23 1999, by and among the above named Trustor(s) and AgAmerica, FCB, "Trustee,"
<br /> whose mailing address is PO Box TAF-05, Spokane, as ington 220-4005,and Farm Credit Services of America FLCA, "Beneficiary," whose
<br /> mailing address is 206 S 19th Street,Omaha NE 68102-1745 in consideration of the a vance by eneficiary of the principal sum specified below,
<br /> the receipt of whic is ere y ac now e ge ,an any uture,additional,or protective advances made at Beneficiary's option,Trustor(s)irrevocably
<br /> transfers,conveys and aassigns to Trustee, IN TRUST,WITH POWER OF SALE,for the benefit and security of Beneficiary, its successors and
<br /> assigns, under and subject to the terms and conditions of this Trust Deed, the property, located in Hall Countyliesl, State of Nebraska, and
<br /> described as follows:
<br /> SE 1/4, Sec. 8, Twp. 1 1 N, Rge. 1 1 W 6th P.M.
<br /> THIS TRUST DEED AND ASSIGNMENT OF RENTS SECURES MORE THAN ONE NOTE AS INDICATED
<br /> BELOW. IN THE EVENT OF DEFAULT UNDER EITHER NOTE, THE TRUSTEE AND BENEFICIARY NAMED
<br /> HEREIN SHALL DECLARE BOTH NOTES IN DEFAULT AND SHALL EXERCISE THE REMEDIES PROVIDED
<br /> HEREIN IN SATISFACTION OF BOTH NOTES.
<br /> together with all Trustor's right, title, and interest in the property, now or hereafter acquired, including: all buildings, fixtures, crops, and
<br /> improvements now on or hereafter placed upon the property;all appurtenances,water,irrigation,and drainage rights;all rents,issues,uses,income,
<br /> profits,and rights to possession;all oil,gas,gravel, rock,or other minerals of whatever nature,including geothermal resources;all persona�property
<br /> that may integrally belong to or hereafter become an integral part of the real estate whether attached or detached, including any appurtenances and
<br /> accoutrements of any structure or residence secured hereby; easements and other rights and interests now or at any time hereafter belonging to
<br /> or in any way pertaining to the property, whether or not specifically described herein; all above and below ground irrigation equipment and
<br /> accessones; and all leases, permits, licenses, or privileges, appurtenant or nonappurtenant to the pro►ierty, now or hereafter issued, extended or
<br /> renewed by Trustorlsl, any State,the United States, or any department, bureau, instrumentality, or agency thereof. The foregoing is collectively
<br /> referred to in this document as the "property."
<br /> It is understood and agreed between Trustorls)and Beneficiary that this Trust Deed is given to secure:
<br /> (a) Promissory notels) described as follows:
<br /> Date of Note Princi al Amount
<br /> � 1 , 81680-202
<br /> 03/15/1999 76,600.00 g1680-201
<br /> payable according to the terms of the notelsl, and any addendum to, reamortization or restructuring of the notels►.
<br /> (b) The repayment in full by of any and all future and additional loans or advances which may be made by Beneficiary, at its option, at the request
<br /> of, and to or for the account of Trustorls), or any of them, for any purpose, plus interest on all loans or advances, under any notelsl or other �
<br /> instrumentls)modifying,refinancing,extending,renewing,reamortizing,or restructuring,new existing,or additional indebtedness or any partthereof,
<br /> all payable according to the terms of the note(s)or other instrumentls); provided, however, that the total principal indebtedness outstanding
<br /> and secured hereby ai any one time will not exceed the sum of NINETY-ONE THOUSAND SIX HUNDRED DOLLARS(S 91 600.001, exclusive of
<br /> interest and protective advances authorized herein or in the loan agreementlsl; provided further,that THIS PARA RAPH SH�ALL�10'�CONSTITUTE
<br /> A COMMITMENT TO MAKE FURTHER OR ADDITIONAL ADVANCES IN ANY AMOUNT AT ANY TIME, WHETHER OR NOT THE TOTAL PRINCIPAL
<br /> INDEBTEDNESS ABOVE HAS BEEN ADVANCED.
<br /> Ap /t: 00173790; Primary Customer ID #: 00077666; CIF #: 81680 Legal Doc. Date: August 23, 1999
<br /> FORM 5011, Trust Deed and Assignment of Rents Page 1
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